*New Construction* in the heart of Naples, expected completion March 2025! This meticulously designed residence resides in the quiet streets of Lake Park, a charming neighborhood truly in the heart of Naples! With close proximity to the beach and downtown, a quick bike or golf cart ride is all it takes to experience the coastal lifestyle that awaits. Built by Ocean Blue Builders Inc, a local custom builder, the thoughtful layout, high-quality craftsmanship and well appointed finishes elevate this home to a new level. As you enter through the stunning 10 ft iron French doors, be welcomed with wide plank white oak flooring which carries throughout the home. As you walk toward the living room you’re captured by the feature wall, fireplace, custom built in shelving, and high ceilings. While relaxing in the living room enjoy the serene view of your pool, spa, and outdoor living space. The complete outdoor kitchen gives you flexible hosting options. Inside, the Chef’s kitchen features custom cabinetry, top tier SubZero/ Wolf appliances, gas cook top, quartz countertops, an oversized island with added storage, a specified dining area, and large walk-in pantry. Purposefully making the most of approximately 3, 000 square feet of living space, notable details include block construction on a stem wall, impact resistant doors and windows, a durable metal roof, 4 spacious bedrooms, a flex room for a home office or additional family room, 3 full custom tile bathrooms, and a desirable 3 car garage! Have everything you want and more, less than 2 miles from the beach, downtown, and all of the cultural and recreational amenities the area has to offer. The Lake Park community offers a tranquil environment with beautiful tree lined streets, parks, lakes, excellent schools, while still being close to all the action. Don’t miss your chance to own this brand-new home in one of Naples’ most desirable locations.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,495,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,796,000 | $2,796,000 | $2,796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.559% | 6.723% | 6.847% |
Monthly Tax Payment | $298 | $298 | $298 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,135 | $17,903 | $24,549 |
Total Monthly Payment | $18,558 | $18,326 | $24,972 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.